What a shame that his death was immediately preceded by the first keynote address by his successor, which was widely seen as a dud. He was certainly quite a visionary! Didn’t I read recently that Apple now holds more assets than the US?

Quote:Lonesome Gamblersaid:Didn’t I read recently that Apple now holds more assets than the US?

RIP

If you did, don’t use that source anymore. The gov’t owns 30% of the land in the US, including massive mineral rights. Then there are buildings, the military, reserves, etc. Apple’s Market Cap is $350B. But that’s just paper and can change in an instant. Assets around $110B, I think. Still an astounding amount, and mostly cash (about $75B). This may be what you are reading. The US cash balance fell that low in the days before the debt ceiling was raised.

Quote:Lonesome Gamblersaid:Didn’t I read recently that Apple now holds more assets than the US?

That was as we were headed towards our most recent potential government shutdown (debt ceiling stuff). And it wasn’t total assets, it was more cash on hand. I saw that story too, but I never tried to fact-check it. If we were that close to shutting down, it was probably accurate, moreso because the government lacked cash than because Apple had it.

In the end, however, even Steve Jobs could not overturn the laws of biochemistry. When you poison the human body, the result is the deterioration and eventual shut down of the body. Chemotherapy does not work! This fact should now be obvious, and yet every year, more and more people choose chemotherapy to their own demise — people like Farrah Fawcett, Peter Jennings, Patrick Swayze, Michael Douglas and many others.

In the end, however, even Steve Jobs could not overturn the laws of biochemistry. When you poison the human body, the result is the deterioration and eventual shut down of the body. Chemotherapy does not work! This fact should now be obvious, and yet every year, more and more people choose chemotherapy to their own demise — people like Farrah Fawcett, Peter Jennings, Patrick Swayze, Michael Douglas and many others.

Quote:Lonesome Gamblersaid:Ha, I had just copied the same link to my clipboard in order to show what I was referring to. I’m far from an economist, and I worded my original post poorly, but you get the gist.

Shame on you LG…………wording a post poorly!!!!!! To much time at the tables and not enough time using your edumacation??